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Alcatel-Lucent Forms JV in Russia

Alcatel-Lucent and Russian State Corporation Rostechnologii plan to form a joint venture (JV) -- called Alcatel-Lucent RT -- to design, produce and promote IP-based telecommunications equipment in Russia and in the Commonwealth of Independent States (CIS).

The joint venture, led by Ivan Makharine as General Director, will be incorporated between subsidiaries of the two groups, operate from Moscow, and begin operations in the first quarter of 2010. The company will develop, produce and deliver solutions that address the high reliability and security requirements defined by Russian and other regional governmental bodies. The planned product portfolio includes Alcatel-Lucent IP LAN switches and routers, Alcatel-Lucent IP/MPLS-based Service Routers and Service Switches, IT security hardware and software solutions, as well as Alcatel-Lucent IP PBXs. The level of localization will depend on administrative requirements and economic feasibility.

Production is planned to be centered in existing manufacturing facilities of SC Rostechnologii.

"Setting up the joint venture focused on manufacturing and promotion of advanced telecommunications products reflects the policies of our corporation supported by the Russian government and aimed at developing high-tech production and science-intensive industries," said S.V. Chemezov, General Director, SC Rostechnologii.

"This partnership is a further step in our transformation strategy and strengthens our ability to promote Alcatel-Lucent's solutions in Russian and CIS region. It also leverages the considerable knowledge and experience of our partner, SC Rostechnologii, in pursuit of our joint interests," said Luis Martinez-Amago, Head of Alcatel-Lucent business in CIS, Central and Southern Europe.

http://www.alcatel-lucent.com
27-Nov-09

SCRostechnologii was set up on November 23, 2007 by Federal Law of the Russian Federation. Its objective is to facilitate development, manufacturing and export of high-tech products by supporting - in the local and international markets - Russian organizations, developers and manufacturers of high-tech products, as well as by attracting foreign investments to various local industries.

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